Dominion Selected To Build Interstate Gas Pipeline

Duke Energy and Piedmont Natural Gas selected Dominion to build and operate the Atlantic Coast Pipeline, a 550-mile interstate natural gas pipeline from West Virginia, through Virginia and into eastern North Carolina. This would be North Carolina’s second major interstate natural gas pipeline.

The pipeline has an estimated cost of $4.5-5 billion, initial capacity of 1.5 Bcf/d and a target in service date of late 2018. Dominion hopes to secure FERC approval by summer 2016.